North American Morning Briefing: Traders Await -2-

Globally, private-equity buyout and growth funds raised $155.7 billion in the three months through March, while U.S.-based funds gathered $76.8 billion, research firm PitchBook Data said in a report released Wednesday.

Why Arizona Will Be Ground Zero for the 2024 Abortion Fight

PHOENIX-Meagan Quattlebaum of Tucson said she was so horrified by the Arizona Supreme Court's decision to ban nearly all abortions in her state that she now plans to volunteer to help Democrats win in November.

"I think it's a really selfish and ridiculous ruling," said Quattlebaum, 28, a registered independent who works in the healthcare industry. "It definitely influences the way I will be voting."

European Court Says Climate Protection Is a Human Right

PARIS-In a major ruling Tuesday, Europe's top human-rights court gave a boost to climate activists who are suing for tough limits on greenhouse-gas emissions, a decision expected to affect dozens of climate lawsuits against governments and corporations.

The European Court of Human Rights for the first time ruled that the region's governments have an obligation to protect their citizens against the effects of climate change. The decision is final and binding across the 46 countries that have signed the European Convention on Human Rights.

States sue over Biden's student-loan repayment program using arguments that succeeded before

Missouri is leading six other states in asking a court to block the Biden administration's revamped student-loan repayment program, less than a year after the state was a key participant in the lawsuit that ultimately invalidated President Joe Biden's mass student-debt forgiveness plan.

The suit filed Tuesday in federal court in Missouri is challenging the Saving on a Valuable Education plan, known as SAVE, a program launched last year and aimed at helping borrowers lower their student-loan payments. SAVE relies on a different legal authority than Biden's plan to cancel up to $20,000 in student debt for more than 40 million borrowers, which the Supreme Court knocked down last year.

Write to ina.kreutz@wsj.com

TODAY IN CANADA

Earnings:

North West 4Q

TheraTech 1Q

Economic Events (ET):

0830 Feb Building permits

0945 Bank of Canada interest rate announcement

Expected Major Events for Wednesday

08:00/ITA: Feb Retail Sales

11:00/US: 04/05 MBA Weekly Mortgage Applications Survey

12:30/CAN: Feb Building permits

12:30/US: Mar CPI

12:30/US: Mar Real Earnings

13:45/CAN: Bank of Canada interest rate announcement

14:00/US: Feb Monthly Wholesale Trade

14:00/US: Mar Online Help Wanted Index

14:30/US: 04/05 EIA Weekly Petroleum Status Report

18:00/US: Mar Monthly Treasury Statement of Receipts and Outlays of the U.S. Government

23:01/UK: Mar RICS Residential Market Survey

23:50/JPN: Mar Money Stock, Broadly-defined Liquidity

All times in GMT. Powered by Kantar Media and Dow Jones.

Expected Earnings for Wednesday

Art's Way Manufacturing (ARTW) is expected to report for 1Q.

Atreca Inc (BCEL) is expected to report $-0.22 for 4Q.

Avalon Advanced Materials Inc (AVL.T) is expected to report for 2Q.

Avalon GloboCare Corp (ALBT) is expected to report for 4Q.

Beam Global (BEEM) is expected to report $-0.38 for 4Q.

Caldwell Partners International Inc (CWL.T) is expected to report for 2Q.

Charge Enterprises Inc (CRGE) is expected to report for 4Q.

Costco Wholesale Corp (COST) is expected to report.

Delta Air Lines (DAL) is expected to report $0.36 for 1Q.

Dragonfly Energy Holdings Corp (DFLI) is expected to report $-0.20 for 4Q.

Ebix Inc (EBIXQ) is expected to report $1.07 for 4Q.

Goodfellow (GDL.T) is expected to report for 1Q.

Hingham Institution for Savings (HIFS) is expected to report for 1Q.

Jewett-Cameron (JCT-T,JCTCF) is expected to report for 2Q.

Kartoon Studios Inc (TOON) is expected to report for 4Q.

Madison Pacific Properties Inc - B Share (MPC.T) is expected to report for 2Q.

NexImmune Inc (NEXI) is expected to report for 4Q.

North West Co Inc (NWC.T) is expected to report $0.68 for 4Q.

Nurix Therapeutics Inc (NRIX) is expected to report $-0.88 for 1Q.

Pure Cycle Corp (PCYO) is expected to report for 2Q.

Reddit Inc (RDDT) is expected to report for 1Q.

Rent the Runway Inc (RENT) is expected to report for 4Q.

Richardson Electronics Ltd (RELL) is expected to report $0.02 for 3Q.

The Children's Place Inc (PLCE) is expected to report $0.25 for 4Q.

Theratechnologies Inc (TH.T,THTX) is expected to report for 1Q.

ThermoGenesis Holdings Inc (THMO) is expected to report for 4Q.

TuSimple Holdings Inc (TSPH) is expected to report for 4Q.

Urban One Inc - Class A (UONE,UONEK) is expected to report for 4Q.

Valeura Energy (PNWRF,VLE.T) is expected to report for 1Q.

View Inc (VIEWQ) is expected to report for 4Q.

bebe stores (BEBE) is expected to report for 2Q.

Powered by Kantar Media and Dow Jones.

ANALYST RATINGS ACTIONS

Ally Financial Inc Raised to Buy From Neutral by B of A Securities

Altice USA Cut to Underperform From Neutral by Exane BNP Paribas

American Eagle Outfitters Raised to Overweight From Neutral by JP Morgan

Apartment Income REIT Cut to Market Perform From Outperform by BMO Capital

Augmedix Raised to Outperform From In-Line by Evercore ISI Group

Broadstone Net Lease Cut to Peer Perform From Outperform by Wolfe Research

Cboe Global Markets Cut to Equal-Weight From Overweight by Morgan Stanley

Certara Raised to Overweight From Sector Weight by Keybanc

ChargePoint Cut to Sell From Neutral by Goldman Sachs

Chemours Raised to Outperform From Market Perform by BMO Capital

Cleveland-Cliffs Cut to Underperform From Peer Perform by Wolfe Research

Comcast Cut to Neutral From Outperform by Exane BNP Paribas

Danimer Scientific Cut to Neutral From Overweight by Piper Sandler

Digital Realty Raised to Overweight From Equal-Weight by Wells Fargo

First Horizon Raised to Outperform From Sector Perform by RBC Capital

Freeport-McMoRan Raised to Buy From Neutral by B of A Securities

General Electric Raised to Buy From Hold by TD Cowen

GoodRx Holdings Raised to Overweight From Sector Weight by Keybanc

Health Catalyst Cut to Sector Weight From Overweight by Keybanc

Ionis Pharmaceuticals Raised to Outperform From Peer Perform by Wolfe Research

Jones Lang Lasalle Cut to Peer Perform From Outperform by Wolfe Research

LPL Financial Holdings Raised to Overweight From Equal-Weight by Morgan Stanley

Macrogenics Raised to Buy From Hold by TD Cowen

Model N Cut to Hold From Buy by Craig-Hallum

Model N Cut to Hold From Buy by Needham

Molson Coors Beverage Raised to Buy From Neutral by Goldman Sachs

Nasdaq Raised to Overweight From Equal-Weight by Morgan Stanley

PennyMac Fincl Services Raised to Outperform From Market Perform by Keefe, Bruyette & Woods

R1 RCM Cut to Sector Weight From Overweight by Keybanc

US Steel Raised to Outperform From Peer Perform by Wolfe Research

UWM Holdings Raised to Market Perform From Underperform by Keefe, Bruyette & Woods

Wells Fargo Cut to Neutral From Buy by Compass Point

This article is a text version of a Wall Street Journal newsletter published earlier today.

(END) Dow Jones Newswires

April 10, 2024 06:17 ET (10:17 GMT)

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